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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Information  
Net sales for the Company's reportable segments

    

2019

    

2018

    

2017

Net sales:

Americas

$

3,622

$

3,638

$

3,711

Europe

2,387

2,489

2,375

Asia Pacific

 

634

 

675

 

714

Reportable segment totals

 

6,643

 

6,802

 

6,800

Other

 

48

 

75

 

69

Net sales

$

6,691

$

6,877

$

6,869

Segment operating profit (loss) for the Company's reportable segments

    

2019

    

2018

    

2017

 

Segment operating profit:

Americas

$

495

$

585

$

614

Europe

317

316

263

Asia Pacific

 

29

 

44

 

65

Reportable segment totals

 

841

 

945

 

942

Items excluded from segment operating profit:

Retained corporate costs and other charges

 

(97)

 

(106)

 

(104)

Charge for goodwill impairment

(595)

Charge for asbestos-related costs

(35)

(125)

Pension settlement charges

(26)

(74)

(218)

Restructuring, asset impairment and other

 

(114)

 

(102)

 

(77)

Strategic transaction and corp. modernization costs

(31)

Gain on sale of equity investment

107

Interest expense, net

 

(311)

 

(261)

 

(268)

Earnings (loss) from continuing operations before income taxes

$

(261)

$

277

$

275

Assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense for the Company's reportable segments

    

    

    

    

Reportable

    

Retained

    

Consoli-

 

Asia

Segment

Corp Costs

dated

 

Americas

Europe

Pacific

Totals

and Other

Totals

 

Total assets:

2019

$

5,264

$

3,127

$

1,012

$

9,403

$

207

$

9,610

2018

5,497

3,036

918

9,451

248

9,699

2017

5,411

3,133

1,001

9,545

211

9,756

Equity investments:

2019

$

491

$

101

$

102

$

694

$

$

694

2018

429

98

106

633

65

698

2017

259

95

114

468

57

525

Equity earnings:

2019

$

38

$

18

$

2

$

58

$

20

$

78

2018

39

21

60

17

77

2017

41

 

18

59

18

77

Capital expenditures:

2019

$

178

$

177

$

66

$

421

$

5

$

426

2018

255

187

92

534

2

536

2017

233

 

152

55

440

1

441

Depreciation and amortization expense:

2019

$

292

$

136

$

60

$

488

$

11

$

499

2018

293

136

55

484

10

494

2017

310

 

125

43

478

10

488

Schedule of segment information by geographic segment

The Company’s tangible long lived assets, including property, plant and equipment and operating lease right-of-use assets, by geographic segment are as follows:

    

U.S.

    

Non-U.S.

    

Total

 

2019

$

778

$

2,698

$

3,476

2018

 

681

2,404

3,085

2017

 

757

2,374

3,131

The Company’s net sales by geographic segment are as follows:

    

U.S.

    

Non-U.S.

    

Total

 

2019

$

1,914

$

4,777

$

6,691

2018

 

2,020

4,857

6,877

2017

 

2,072

4,797

6,869